Miromatrix Medical Price on May 16, 2022

MIRODelisted Stock  USD 3.39  0.00  0.00%   
If you're considering investing in Miromatrix Stock, it is important to understand the factors that can impact its price. As of today, the current price of Miromatrix Medical stands at 3.39, as last reported on the 19th of April, with the highest price reaching 3.39 and the lowest price hitting 3.39 during the day. We have found twenty-four technical indicators for Miromatrix Medical, which you can use to evaluate the volatility of the firm. Please verify Miromatrix Medical's Downside Deviation of 2.97, mean deviation of 6.88, and Risk Adjusted Performance of 0.0792 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Miromatrix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
MIRO
Based on monthly moving average Miromatrix Medical is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Miromatrix Medical by adding Miromatrix Medical to a well-diversified portfolio.

Related Headline

Mineralys Therapeutics Headline on 9th of February 2023

Filed transaction by Mineralys Therapeutics In director. Unconventional Insider trading

Miromatrix Medical Valuation on May 16, 2022

It is possible to determine the worth of Miromatrix Medical on a given historical date. On May 16, 2022 Miromatrix was worth 3.84 at the beginning of the trading date compared to the closed value of 3.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Miromatrix Medical stock. Still, in general, we apply an absolute valuation method to find Miromatrix Medical's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Miromatrix Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Miromatrix Medical's related companies.
 Open High Low Close Volume
  4.00    4.00    3.68    3.94    4,400  
05/16/2022
  3.84    3.98    3.84    3.87    7,000  
  3.98    4.09    3.70    3.95    26,600  
Backtest Miromatrix Medical  |  Miromatrix Medical History  |  Miromatrix Medical Valuation   PreviousNext  
Open Value
3.84
3.87
Closing Value
3.84
Upside

Miromatrix Medical Trading Date Momentum on May 16, 2022

On May 17 2022 Miromatrix Medical was traded for  3.95  at the closing time. The top price for the day was 4.09  and the lowest listed price was  3.70 . The trading volume for the day was 26.6 K. The trading history from May 17, 2022 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 2.07% . The trading delta at closing time against the current closing price is 1.29% .

Miromatrix Medical Fundamentals Correlations and Trends

By evaluating Miromatrix Medical's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Miromatrix Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Miromatrix financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Miromatrix Medical Stock history

Miromatrix Medical investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Miromatrix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Miromatrix Medical will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Miromatrix Medical stock prices may prove useful in developing a viable investing in Miromatrix Medical
Miromatrix Medical Inc., a life sciences company, develops a novel technology for bioengineering fully transplantable organs. Miromatrix Medical Inc. was incorporated in 2009 and is headquartered in Eden Prairie, Minnesota. Miromatrix Medical operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 61 people.

Miromatrix Medical Stock Technical Analysis

Miromatrix Medical technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
A focus of Miromatrix Medical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Miromatrix Medical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Miromatrix Medical Period Price Range

Low
May 16, 2022
0.03  0.78%
High

 3.84 

     

 3.87 

Miromatrix Medical April 19, 2024 Market Strength

Market strength indicators help investors to evaluate how Miromatrix Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Miromatrix Medical shares will generate the highest return on investment. By undertsting and applying Miromatrix Medical stock market strength indicators, traders can identify Miromatrix Medical entry and exit signals to maximize returns

Miromatrix Medical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Miromatrix Medical's price direction in advance. Along with the technical and fundamental analysis of Miromatrix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Miromatrix to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Other Consideration for investing in Miromatrix Stock

If you are still planning to invest in Miromatrix Medical check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Miromatrix Medical's history and understand the potential risks before investing.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges